United States Steel

United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following business segments: Flat-Rolled Products, Mini Mill, U.S. Steel Europe, and Tubular Products. The Flat-Rolled Products segment includes managing steel plants and production facilities that manufacture steel slabs, rounds, strip mill plates, sheets, tin mill, iron ore, and coke. The Mini Mill segment produces hot-rolled, cold-rolled and coated sheets. The U.S. Steel Europe segment produces and markets strip mill plates, spiral welded pipe, heating radiators, refractory ceramic materials. The Tubular Products segment is involved in manufacturing and trading seamless and electric resistance welded steel casing and tubing. line pipe, and mechanical tubing. The company was founded in 1901 by Andrew Carnegie, John Pierpont Morgan, Charles Michael Schwab and Elbert Henry Gary and is headquartered in Pittsburgh, PA.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

U.S. Steel reports robust Q4 earnings, eyes strategic investments

United States Steel (X) showcased a strong financial performance, commitment to ESG transformation, and value creation for stakeholders. The company remains optimistic about the U.S. economy, steel industry sustainability, and long-term pricing prospects.

U.S. Steel surpasses Q1 earnings, eyes growth amid green initiatives

United States Steel (X) delivered strong financial results in Q1 2023, exceeding expectations. The company is focused on strategic projects, decarbonization efforts, and maintaining stakeholder commitment for sustainable growth.

United States Steel (X) reports robust Q2 earnings and growth opportunities

United States Steel (X) delivered a strong Q2 performance, showcasing financial strength and strategic focus. Despite potential challenges in steel prices and segment volumes, the company remains optimistic about future prospects. With a commitment to innovation and growth, U.S. Steel is well-positioned to capitalize on industry trends and drive shareholder value.

U.S. Steel reports strong Q3 performance, eyes value in 2024

U.S. Steel reports strong Q3 performance and optimistic about unlocking value in 2024. Challenges include potential CO2 cost hike and sequential decline in Q4 EBITDA. Company emphasizes cash priority and commitment to delivering value.

U.S. Steel posts strong Q4 earnings, eyes growth through NSC merger

U.S. Steel delivered a strong financial quarter, highlighted by robust earnings and solid liquidity. The pending merger with NSC offers growth potential and strategic advantages. While challenges like integration and market uncertainties exist, the company's outlook remains positive.

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United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following segments: Flat-Rolled Products, Mini Mill, U.S. Steel Europe, and Tubular Products. The Flat-Rolled Products segment includes managing steel plants and production facilities that manufacture slabs, rounds, strip mill plates, sheets, tin mill, iron ore, pellets, pig iron, and coke. The Mini Mill segment produces hot and cold-rolled, coated sheets and electrical steels. The U.S. Steel Europe segment involves the production and marketing of sells slabs, strip mill plate, sheet, tin mill products, and spiral welded pipe. The Tubular Products segment manufactures and trades seamless and electric resistance welded steel casing and tubing, line pipe, and mechanical tubing. The company was founded in 1901 and is headquartered in Pittsburgh, PA.

U.S. Steel (X) shares fell Friday as the steelmaker gave weaker-than-expected guidance for the current quarter because of falling prices and the costs related to a factory being developed in Arkansas.

US Steel Stock Slips on Weaker-Than-Expected Outlook

The $150 million adjusted EBITDA guidance for Q4 is lower than X's previous outlook.

U.S. Steel Lowers EBITDA Guidance for Q4 Amid Weak Pricing

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) today provided fourth quarter 2024 adjusted net earnings per diluted share guidance of ($0.29) to ($0.25). Fourth quarter 2024 adjusted EBITDA is expected to be approximately $150 million. “The fourth quarter marked a critical milestone towards our Best for All® future, as the team completed execution on over $4 billion of growth capital investments with first coil achieved at Big River 2 (BR2) on October 31, 2024 and shipme.

United States Steel Corporation Provides Fourth Quarter 2024 Guidance

Nippon Steel Corp

The Japanese company continues to campaign for support from mayors, governors and especially members of the steelworkers union.

The Last-Ditch Efforts to Win Over Critics of the Nippon-U.S. Steel Deal

The U.S. Treasury has informed Nippon Steel that the panel reviewing its proposed purchase of U.S. Steel has not yet come to an agreement on how to address security concerns, the Financial Times reported on Sunday, citing several sources familiar with the talks.

US foreign investment panel split on Nippon-U.S. Steel deal, FT reports

PITTSBURGH--(BUSINESS WIRE)--Employees of United States Steel Corporation (NYSE: X) (“U. S. Steel”) today will host a rally at the U. S. Steel Mon Valley Works Clairton Plant in support of the Nippon Steel transaction. Represented and non-represented employees, along with community members and local elected officials, will gather to reinforce their support for the transaction. They will again call on officials across the nation to recognize the significant benefits this transaction holds for em.

U. S. Steel Employees to Host Rally at Mon Valley Works Clairton Plant to Fight for their Futures in Support of Nippon Steel Transaction

The head of a powerful labour union opposing U.S. Steel's sale to Japan's Nippon Steel said he has not received assurances that the would-be owners are committed to ensuring the lasting success of the strategic U.S. firm.

Japanese takeover could spell long-term decline of U.S. Steel, union chief says

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today reacted to the U.S. Department of Commerce's preliminary findings regarding oil country tubular goods (OCTG) from Argentina and Mexico. In its release, Commerce preliminarily found that Argentine OCTG produced/exported by Tenaris' Siderca S.A.I.C and Mexican OCTG produced/exported by Tenaris' Tubos de Acero de Mexico, S.A., continued to be dumped in the U.S. market at rates of 6.80% and 30.38%, respecti.

U. S. Steel Reacts to Important Department of Commerce Preliminary Results

Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from President-elect Donald Trump.

Nippon Steel won't give up on its U.S. Steel takeover deal despite strong pushback

Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive

President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he's pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker.

Trump vows to block Japan's Nippon Steel from buying U.S. Steel. Here's how

Credo Technology Group Holding Ltd

US equity majors fell slightly on Tuesday after the S&P 500 and the Nasdaq hit record highs in the previous session.  Investors will be focusing on key US labour data, scheduled to be released later this week, and also monitoring comments from the Federal Reserve officials.

Markets edge down as US jobs report looms; US Steel drops, Credo Technology surges

Trump had repeatedly slammed the deal during his presidential campaign, but this was the first time he reinforced his promise to block the acquisition since he won the presidential election.

Trump doubles down on vow to block Nippon-US Steel deal, make US Steel ‘strong and great again'

Acquisition of Pittsburgh-based steel producer by Japanese company has faced opposition from steelworkers and Biden

Trump says he will block Nippon Steel's $14.9bn bid to acquire US Steel

AT&T

Mixed market outlook as labor data and Fed policy loom. AT&T rises 4%, U.S. Steel tumbles 7%, and Super Micro gains after clearing misconduct claims.

US Stocks: Premarket Action on AT&T, Credo, and U.S. Steel to Drive Sentiment

President-elect Donald Trump has pledged to block US Steel's sale to Japan's Nippon Steel. Having vowed to block the deal during his campaign, Trump shared his views on the sale on Monday for the first time since being elected through a Truth Social post.

Trump pledges to block US Steel sale, sending shares tumbling

U.S. Steel Corp. shares fell 7% in Tuesday's pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel's plans to acquire the 123-year-old Pittsburgh-headquartered company.

U.S. Steel shares drop on Trump's pledge to block Nippon Steel takeover

President-elect Trump said he would use a series of tax incentives and tariffs to block Nippon Steel's planned purchase of American manufacturing firm U.S. Steel.

Trump says he will block Nippon Steel takeover of US Steel: 'Buyer Beware'

U.S. President-elect Donald Trump has pledged to block Japanese company Nippon Steel's planned purchase of U.S. Steel. "I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan," Trump said in a post to his social media platform Truth Social on Monday night E.T.

Trump repeats vow to 'block' Nippon Steel's bid for U.S. Steel

U.S. President-elect Donald Trump said on Monday a series of tax incentives and tariffs will make U.S. Steel strong again, as he reiterated his opposition to Nippon Steel's planned purchase of the company.

Trump says tax incentives and tariffs will make US Steel stronger

Nucor

The companies are urging the president-elect to reimpose duties on steel from the U.K., the EU and Japan, accusing foreign rivals of unfair market practices.

U.S. Steelmakers to Trump: Bring On More Tariffs

Why U.S. Steel Stock Soared This Week

Nippon Steel will not import steel to the U.S. from its international mills, the Japanese company's Executive Vice President Takahiro Mori said on Monday in a letter to United Steelworkers union members.

Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal

United States Steel stock dropped nearly 6% during Wednesday's trading, accelerating the losing streak from the past week. Nippon Steel Corporation, Japan's largest steelmaker, set out to acquire United States Steel in December 2023, but has faced still opposition from both U.S. Presidents Joe Biden and President-elect Donald Trump.

Buy, Sell Or Hold X Stock?

Cummins

Deere & Company

Price action in the stock market is usually one of the best signs of what's about to come, and all price action is driven by volume. With these two fundamental factors at play, investors can safely assume that a lot of attention was headed to those in the industrial and manufacturing sectors after the United States presidential election results.

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